More reason to Hodl and keep stacking up crypto
There's a good feeling to being involved in something and you keep seeing obvious reasons to keep doing what you are doing, not many things offers such overview in our world. Crypto is what am referring to here. There are just so many reasons to stay involved as it keeps exhibiting characters of being here in the future.
El Salvador's crypto legalization last year is enough to keep one hopeful of cryptocurrency being part of our day to day life going forward, just recently Central Africa Republic followed suit on Bitcoin Legalization along with Panama, we are seeing the numbers on the rise which is a positive as we seek adoption of cryptocurrency, it is only a matter of time for more countries to follow suit.
While some countries are putting a ban on crypto, some are finding ways to regulate, and some remain friendly towards it. Coincub's global crypto ranking for Q1 reveals countries displacing each other in rankings with some rising higher and dropping lower.
Germany is one to have displaced Singapore for the number one crypto friendly spot.
The States holds on to third spot, Lugano city of Switzerland now recognizes Bitcoin as legal tender, this is news to me and a positive one towards adoption even at city level compared to El Salvador's national level still plays a role.
Over in Africa, South Africa and Nigerian ranks 27 and 38 respectively, it is not a surprise only two African nations are in the top 40. The rankings might be looking different now with CAR and Panama now in the headlines for crypto legalization.
Theses movements up and down the rakings of countries open to crypto might look small but all having positive effect in the long term, every little exposure counts.
While countries are deciding what stand to take on crypto, developments are ongoing in within the crypto world, it is difficult to keep up, for the likes of us sees the path to which this is all leading places us at an advantage. We are no doubt on the right path for being involve in crypto in the early stages.
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Quietly learning and earning, very surprised many more have not taken an interest looking into crypto and blockchain.
Stay safe and keep enjoying the building process!
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Keep well Joan thanks, 🍕and 🍺
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Happy month of May!
My birthday month 😃!
Thanks Joan beat of wishes for the new month!
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Was celebrating with family today, hope the month is a great celebration in every which way possible.
Amen to that, we can do with celebration every now and then to ease off the world's burdens
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Imagine all the world countries to accept crypto and 90% of those of everybody on earth are into crypto, this will be massive. I agree we are still at early stage in crypto
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Even 50% will be a crazy number, not sure if we are even up to 20% involved in crypto to now, I must actually check for interest sake.
It's about 13 years into crypto, we are still early.
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Very early indeed, their is still room for alot of improvement and development. For the past 4 years now we have drastic growth. Just imagine crypto in 40years
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Lol 40 years I will probably be gone or very old and won't be able to play Splinterlands lol, am 41 now.
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Same here friend, I guess government need tax and they are going to accept it and crypto really make transactions easy.
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Government will always tax us, greedy bastards never get enough of the pie. It will probably boil down to which country is more crypto friendly
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Lesser developed countries like Africa can stand to gain a lot from crypto. It's not like they don't have their own financial system but they are too reliant on places like the US and other developed countries' financial systems.
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It is because our leaders are so fucked up in Africa and out of greed for self-benefit they are okay with being dependent on developed nations.
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